INMARSAT PLC/ADR (OTCMKTS:IMASY) rose 0.4% during trading on Thursday . The stock traded as high as $7.02 and last traded at $7.02, approximately 3,001 shares changed hands during mid-day trading. An increase of 95% from the average daily volume of 1,540 shares. The stock had previously closed at $6.99.

IMASY has been the subject of several recent analyst reports. Zacks Investment Research cut shares of INMARSAT PLC/ADR from a “hold” rating to a “sell” rating in a research note on Wednesday, May 15th. ValuEngine cut shares of INMARSAT PLC/ADR from a “buy” rating to a “hold” rating in a research note on Tuesday, June 11th. Finally, Societe Generale reiterated a “sell” rating on shares of INMARSAT PLC/ADR in a research note on Tuesday, June 11th.

The company has a quick ratio of 0.76, a current ratio of 0.81 and a debt-to-equity ratio of 2.21. The company’s 50 day moving average is $6.91 and its 200 day moving average is $6.52.

INMARSAT PLC/ADR Company Profile (OTCMKTS:IMASY)

Inmarsat plc provides mobile satellite communications services on land, at sea, and in the air worldwide. The company operates through five segments: Maritime, U.S. Government, Global Government, Aviation, and Enterprise. It offers voice and data broadband services; global maritime distress and safety system services; mobile and fixed voice services; a portfolio of machine-to-machine services that provide two-way data connectivity for messaging, tracking, and monitoring of fixed or mobile assets; maritime satellite services, including very small aperture terminals and television receive only antenna services; and Global Xpress, a high-speed broadband service that offer seamless connectivity for advanced data services on land, at sea, and in the air.

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